These are the top-ranked funds within short term mutual funds.However, Scripbox does not recommend investing in short term mutual funds.Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
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Historical NAV
₹ 22.3737
NAV (May 4)
Fund Returns
Last 1Y
9.7%
Last 3Y
7.6%
Last 5Y
8.1%
Last 10Y
NA
Since Inception
8.3%
6 Month CAGR
3.7%
Scheme Information
Investment Objective
To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However,there can be no assurance that the investment objective of the scheme will be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Axis Asset Management Company Limited manages assets worth 254,506 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 33 equity,93 debt and 35 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About Axis Short Term Fund Bonus (PIDCW-A)
About Axis Short Term Fund Bonus (PIDCW-A)
Axis Short Term Fund Bonus (PIDCW-A) is a Short Term Debt fund and has delivered an annualised return of 8.3% over a period of 7 years. . The fund is managed by Axis Asset Management Company Limited. The fund manager’s name is Devang Shah
Axis Short Term Fund Bonus (PIDCW-A) Investment Objective
To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However,there can be no assurance that the investment objective of the scheme will be achieved. . However, there is no assurance that the objective of the scheme will be realized.
Axis Short Term Fund Bonus (PIDCW-A) NAV,AUM,Risk
The Axis Short Term Fund Bonus (PIDCW-A) fund was launched on Jul 30, 2014. The NAV (Net Asset Value) of this Short Term Debt fund as of 2020-05-04 is ₹22.37. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹12336.477. The category risk of the Axis Short Term Fund Bonus (PIDCW-A) fund is Low to Moderate Risk. The fund charges 0.97 % as expense ratio.
Axis Short Term Fund Bonus (PIDCW-A) Holdings
The fund’s highest allocation is towards Debt and has invested 84.5% in this asset class. The top three holdings of the fund are , govt stock , national bank for agriculture and rural development , clearing corporation of india ltd , food corporation of india , embassy office parks reit , food corporation of india , housing development finance corporation limited , 91 dtb 23122021 , mahindra rural housing finance limited , telesonic networks limited , reliance industries limited , power finance corporation limited , hero fincorp limited , 91 dtb 16122021 , national bank for agriculture and rural development , mahindra & mahindra financial services limited , reliance industries limited , lic housing finance limited , india grid trust , 364 dtb 13012022 , tata motors limited , 6.10% govt stock 2031 , hero fincorp limited , cholamandalam investment and fin. co. ltd (cholamandalam dbs finance ltd) , lic housing finance limited , 5.63% govt stock 2026 , state bank of india , housing development finance corporation limited , 4.04% govt stock 2028 , rural electrification corporation limited , lic housing finance limited , idfc first bank limited , 7.42% mh sdl 2022 , housing development finance corporation limited , 04.54 mh sdl 2022 , lic housing finance limited , reliance industries limited , flometallic india private limited , axis floater dir gr , 06.82 br sdl 2028 , housing development finance corporation limited , jamnagar utilities & power private limited , lic housing finance limited , national bank for agriculture and rural development , 08.27% rj sdl spl 2023 , sundaram finance limited , india grid trust , mahindra rural housing finance limited , 8.13% oil mkt comp goi sb 2021 , cholamandalam investment and fin. co. ltd , lic housing finance limited , national bank for agriculture and rural development , housing development finance corporation limited , godrej industries limited , 8.14% rajasthan sdl 2025 , net receivables / (payables) , kotak mahindra investments limited , 8.22% karnataka sdl 2025 , 07.18 mp sdl 2022 , 8.66% haryana sdl 2023 , 07.97 ka sdl 2022 , hdb financial services limited , lic housing finance limited , lic housing finance limited , housing development finance corporation limited , rural electrification corporation limited , national bank for agriculture and rural development , 8.20% govt stock 2022 , 06.79 wb sdl 2028 , mahindra & mahindra financial services limited , larsen and toubro limited , bajaj finance limited , summit digitel infrastructure private limited , mahindra & mahindra financial services limited , 6.84% tn sdl 2026 , sundaram finance limited , rural electrification corporation limited , 6.97% tamil nadu sdl 2031 , cholamandalam investment and fin. co. ltd , india grid trust , reliance utilities and power private limited , tata capital financial services limited , yarrow infrastructure private limited , bank of baroda , rural electrification corporation limited , power finance corporation limited , 8.15% cg sdl 2028 , indusind bank limited , national bank for agriculture and rural development , power finance corporation limited , 6.64% govt stock 2035 , rural electrification corporation limited , 8.53 gj sdl 2028 , lic housing finance limited , india infradebt limited , rec limited , state bank of india , national bank for agriculture and rural development , housing development finance corporation limited , first business receivables trust , icici bank limited , mahindra & mahindra financial services limited , power finance corporation limited , indian railway finance corporation limited , icici bank limited , housing development finance corporation limited , first business receivables trust , housing development finance corporation limited , rural electrification corporation limited , larsen and toubro limited , first business receivables trust , 8.05% gj sdl 2026 , rec limited , larsen and toubro limited , bajaj finance limited , 06.23 rj sdl 2027 , 6.80% govt stock 2025 , 7.37% govt stock 2023 , l&t infrastructure finance company limited , 8.34% tn sdl 2028 , rural electrification corporation limited , kotak mahindra investments limited , power finance corporation limited , power finance corporation limited , goi 15.12.2022 gov , first business receivables trust , mahindra rural housing finance limited , summit digitel infrastructure private limited , lic housing finance limited , 4.45% govt stock 2034 , indinfravit trust , first business receivables trust , ultratech cement limited , kotak mahindra investments limited , housing development finance corporation limited , power finance corporation limited , aditya birla finance limited , 8.71% haryana sdl 2022 , rattanindia solar 2 private limited , rec limited , 8.22% tamil nadu sdl 2025 , rec limited , 06.24 rj sdl 2026 , jamnagar utilities & power private limited , rec limited , reliance industries limited , national bank for agriculture and rural development , national bank for agriculture and rural development , rec limited , small industries development bank of india , lic housing finance limited , first business receivables trust , 8.13% govt stock 2045 , 8.27% gujarat sdl 2026 , 8.79% govt stock 2021 , reliance ports and terminals limited , larsen and toubro limited , larsen and toubro limited , ntpc limited , national bank for agriculture and rural development , indian bank , state bank of india , indian bank , 06.54 gj sdl 2030 , power finance corporation ltd. , 9.23% government of india 2022 , small industries development bank of india , maharashtra (government of) 6.43% , export-import bank of india , 8.66% maharashtra sdl 2022 , 8.83% govt stock 2022
Axis Short Term Fund Bonus (PIDCW-A) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Axis Short Term Fund Bonus (PIDCW-A) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Short Duration Debt TR INR.
Axis Short Term Fund Bonus (PIDCW-A) Review
Axis Short Term Fund Bonus (PIDCW-A) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Axis Short Term Fund Bonus (PIDCW-A) has a score of 5out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
